BRICS (Brazil, Russia, India, China, and South Africa) is an informal group of countries seeking a shift from the classical policy of 'balance of power' to 'rebalancing of power' in international relations,
Nigeria has been accepted as a partner country in the BRICS bloc, which consists of developing economies. This addition brings one of Africa's largest
The BRICS countries are usually noted for their cooperation in the organization of the new world economic order.
ABUJA, Nigeria -- Nigeria has been admitted as a “partner country” of the BRICS bloc of developing economies, according to Brazil, the group’s chair. BRICS was formed by Brazil, Russia, India and China in 2009, with South Africa added in 2010, as a counterweight to the Group of Seven leading industrialized nations.
The BRICS group of emerging-market powers — the acronym stands for Brazil, Russia, India, China and South Africa — has gone from a slogan dreamed up at an investment bank two decades ago to a real-world club that controls a multilateral lender.
In a world where emerging economies are reshaping global trade and power dynamics, Nigeria’s recent inclusion as a “partner country” in the BRICS bloc is a milestone.
Brics welcomed Iran, Egypt, Ethiopia, and the United Arab Emirates as new members. Saudi Arabia has also been invited to join. Turkey, Azerbaijan, and Malaysia have formally applied for membership
Nigeria’s economic stability could be bolstered by currency swap agreements with BRICS countries, enabling trade in local
Nigerian authorities said this week that the nation's new partnership status with the BRICS bloc could unlock critical opportunities in trade, investment and agriculture.
A former APC Presidential aspirant, Chief Charles Udeogaranya, has expressed strong support for Nigeria’s membership in BRICS as a partner country, describing it as a timely and transformative move.
The Federal Government has announced its acceptance of joining BRICS as a partner country, marking a step in its efforts to strengthen international collaboration and economic development.
Nigeria has been admitted as a partner country to the Brics bloc of developing economies, adding one of Africa's largest economies to the growing alliance of emerging market countries. Brazil, the group's chair,